Omaze is an online platform where people can donate to charitable causes and have the chance to get various prizes and experience. It’s an innovative approach to fundraising. According to the company, its users have raised over 150 million dollars and have supported more than 350 charitable organizations. They have charities across the globe. They are the most reputable non-profit organizations like UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations aren’t necessary to enter a contest, but they earn extra contest entries as well as other perks. Users are able to choose the charity they would like to donate to. Every contest comes with its distinct prize, from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of Omaze.
How does Omaze function?
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Omaze believes that every person deserves the opportunity to participate in fundraisers. Traditionally, charitable organizations usually relied on fundraisers where only the rich and famous attended. Omaze was founded to make auctions for charity through its unique fundraising model. It allows everyday citizens to donate to the charity they choose for as low as $10.
You have two options you can enter. One is by donating, and the other is by participating for free. You are able to participate in any contest for free however you will earn extra entries depending on the amount you give. The more you donate will result in more prizes you’ll win.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the directions to enter your personal information. You may donate as many times as you like. However, there is an upper limit on entries which varies based on the prize.
For a chance to win for free To enter for free, visit the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the directions. You will need to accomplish the form. After submitting the form you will receive a particular number of entries. You can submit the form multiple times as you’d like, however there is a maximum entry limit.
Omaze has faced criticism over what percentage of prize goes toward the actual charity. For expensive prizes, only about 10-15 percent of the proceeds go to the charity. The company has replied that 10 percent is an impressive amount. The remainder of the money is used to cover expenses for marketing and operational costs to continue to run the business. The most important thing is that people are enticed to donate because of the attractive prizes.
For prizes that are less costly The company claims that 60% of the money is given to charities.
Donations made through the website directly go to Charities Aid Foundation America (CAF America). It’s a nonprofit organization that has partnered with Omaze in making fundraising easy secure, efficient, and safe. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze provides a range of incredible prizes, which they call Experiences. These prizes include luxurious cars as well as dream homes, a chance to meet your favourite celebrity or have a unique trip.
Here are some examples of past and current prizes that are offered by Omaze:
- Chance to be the owner of the multimillion-dollar Miami dream house
- A trip to Japan specially designed for you
- An unforgettable safari with a luxurious stay in Giraffe Manor in Kenya
- An opportunity to be the first to win tickets to two of the very first Virgin Galactic flights to space
- A private meet and greet for Dwayne “The Rock” Johnson
- A luxurious trip to a spa resort in Thailand
- First class tickets on planes to anyplace in the world.
- A chance to win luxury vehicles and other vehicles
Omaze is constantly offering new campaigns and enticing prizes. You can check their website to view more prizes with the information. You can also see previous prizes and winners. For contests that have been held previously, you can also see how much the charity has received.
Who was the person who started Omaze?
Omaze was launched on the 12th of December 2012, in 2012 by Ryan Cummins and Matt Pohlson. As per the site, they had the idea after they attended a charity auction. The auction item was their ideal experience including a basketball game as well as dining with Magic Johnson. But, the bidding was to the point that they were outbid. The prize ended up raising only $15,000.
The two couldn’t figure out why such a huge prize only raised a small amount to support a worthy cause. They also felt that this method of fundraising was restricted to rich people only. They believed that amazing experiences like this should not be available only to a small number of wealthy individuals.
So they decided to develop a new kind of fundraising that could be accessible to a significant amount of people.
This fundraiser would be made available online, so anyone could take part. Participants wouldn’t require much money to enter, which would make it easier for more people to participate and raise more funds in support of the organization.
They think that charities should feel better about marketing themselves through the platform, since it’s an important cause. The platform lets charities reach out to a broader market in a way that is appealing to raise money.
Is Omaze legit?
While the company has faced some criticism, they appear that they’re legitimate. They have collected more than 100 million dollars for charity and have distributed the prizes to the participants in accordance with their promises. Many famous celebrities have also been a part of the campaign and lobbied for the platform.
Several winners have also spoken of the awards they won. Some are also featured on their Official Omaze Youtube channel.
Omaze is also accredited with the Better Business Bureau with an A+ rating. Omaze Ocmpany Size
Since it’s a for-profit organization, Omaze takes around 20% of the donations. Imagine you want all of your donations going to a non-profit. In that scenario, you could decide to donate directly to the non-profit organization or charity instead. The best part with Omaze is the fact that it allows you to have the chance to contribute and at the same time you can get a great experience. This makes it appealing to a wider range of people. If you’re looking for unique experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you make donations for as low as $10. As the donation amount increases, the number of entries will also increase, and the value of one entry decreases. For instance 150 dollars equals 2000 entries, which is one entry for every seven cents donated. Omaze Ocmpany Size
Here are the donation amounts that are equivalent to the quantity of entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most sought-after option according to the site)
- $500 = $50 entries
- $1200 = $100
- 150 = 2000 entry
According to Omaze, their company takes approximately 12% to 20% of net funds. These funds are used to cover expenses for operations, like advertising, content creation and payment processing fees. About 60%-80% of the funds go to charity.
For a more precise understanding, here’s how it differs between celebrity prizes and non-celebrity prizes. For the prizes of celebrities that are usually cheaper sixty percent of prize goes to the charity, while 25 percent goes to Omaze. For higher-end prizes, like vacations, cars or cash, 15percent of money goes to charity and 65% to 75% goes to Omaze.
Omaze currently doesn’t provide refunds as the money is donated to charitable causes. However, if you have any questions with your transaction You should get in touch with Customer Service as soon as possible.
Customer Service Contact Info
If you have any concerns, queries, issues, or complaints. In that case, you may submit your concerns directly to their website via their Support Center and Submit a Request link. You can also access information and find frequently asked questions on the Support Center.
Omaze is an online fundraising platform that allows people to donate to charitable organizations with the possibility to win prizes that are unique and experiences. It’s a legitimate company which has been in operation for many years. It has helped numerous charities reach their goals by raising funds for them. The unique fundraising method allows everyone to have the opportunity to experience unforgettable experiences that will last a lifetime.
Omaze is a different method to give to charities. However, it’s been the subject of a lot of critiques regarding how much actually is donated to charities. However, it’s understandable since Omaze is a business which is a profit-making organisation. If your intention is to donate money to a charity and make sure the entire amount goes to them, you could donate directly to the charity instead. However, if you’re looking to win one of Omaze’s fabulous prizes you can donate to Omaze instead. It’s a win-win since you get the chance to win a prize while donating to a great cause.
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Where is Omaze where is it based?
Omaze is based at Los Angeles, California.
Can my tax-deductible contribution be deducted?
All Omaze donations go through Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity, all donations made by US donors using Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. However, if your donation comes with an experience-based perk then the value of the experience perk will be deducted. So if you donate $100 and get an experience worth $75, your tax-deductible contribution will be $25.
Are there any Omaze frauds?
While Omaze has been criticized by numerous people online as a scam, the company is totally authentic. They are able to raise funds for charities and reward participants in accordance with their promises. To protect yourself ensure that you give your money to Omaze’s Omaze official Omaze site only. Double-check to see if the website is genuine or not before donating your money.
What are the odds of winning?
The more you give the more likely you are of winning, as a greater donation equals a larger amount of entries. However, you can still participate without contributing money and still be eligible for a specific amount of entries.
How can they verify the winner?
Once the contest has closed the winner will be randomly drawn via an encryption-secure cryptographically secured random-number generator. After the random draw process, the Omaze team completes the process of confirming winners. More details on the procedure at their site.
How do they contact and the winners?
An Omaze representative notifies potential winners via email. The potential winner has 24 hours to reply to the initial email. The Omaze can respond with a planned video call as well. After a winner is been confirmed and responded to the initial email, they will need to sign paperwork sent to them through the Events Team as part of the confirmation process for winners.
Please note that Omaze will never reach out to winners via social media. Instead, it will contact them by email.
How does Omaze earn money?
As a not-for-profit entity, Omaze is able to collect a 20% fee on net increases from their campaigns. To ensure they stay up and running the fee is used to pay for the operational expenses like advertising, content creation and processing fees for payments.